Common use of Factoring Clause in Contracts

Factoring. Seller may, upon notice to Buyer and subject to Buyer's consent which may not be unreasonably withheld, sell receivables to a Third Party or Affiliate.

Appears in 3 contracts

Samples: Supply Agreement (Triton Network Systems Inc), Supply Agreement (Triton Network Systems Inc), Supply Agreement (Triton Network Systems Inc)

AutoNDA by SimpleDocs

Factoring. Seller may, upon notice to Buyer and subject to Buyer's consent which may not be unreasonably withheld, sell receivables to a Third Party or AffiliateAffiliate (so long as the recipients are not direct competitors of the Buyer). Buyer grants permission for Seller to disclose the provisions of this Agreement to purchasers and prospective purchasers of Receivables, or their Affiliates (so long as the recipients are not direct competitors of the Buyer), and their respective agents, attorneys, auditors, rating agencies, and other advisors.

Appears in 2 contracts

Samples: Supply Agreement (Triton Network Systems Inc), Supply Agreement (Triton Network Systems Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!